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MTU Aero Engines AG (MTU Aero Engines AG) Total Assets : $11,128 Mil (As of Dec. 2023)


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What is MTU Aero Engines AG Total Assets?

MTU Aero Engines AG's Total Assets for the quarter that ended in Dec. 2023 was $11,128 Mil.

During the past 12 months, MTU Aero Engines AG's average Total Assets Growth Rate was 8.10% per year. During the past 3 years, the average Total Assets Growth Rate was 5.90% per year. During the past 5 years, the average Total Assets Growth Rate was 4.20% per year. During the past 10 years, the average Total Assets Growth Rate was 7.10% per year.

During the past 13 years, MTU Aero Engines AG's highest 3-Year average Total Assets Growth Rate was 10.60%. The lowest was 1.80%. And the median was 6.20%.

Total Assets is connected with ROA %. MTU Aero Engines AG's annualized ROA % for the quarter that ended in Dec. 2023 was -7.35%. Total Assets is also linked to Revenue through Asset Turnover. MTU Aero Engines AG's Asset Turnover for the quarter that ended in Dec. 2023 was 0.23.


MTU Aero Engines AG Total Assets Historical Data

The historical data trend for MTU Aero Engines AG's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MTU Aero Engines AG Total Assets Chart

MTU Aero Engines AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,627.78 9,858.88 9,383.05 9,777.54 11,127.59

MTU Aero Engines AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,383.05 9,138.48 9,777.54 10,054.17 11,127.59

MTU Aero Engines AG Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

MTU Aero Engines AG's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=3198.473+7929.117
=11,128

MTU Aero Engines AG's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=3198.473+7929.117
=11,128

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MTU Aero Engines AG  (OTCPK:MTUAF) Total Assets Explanation

Total Assets is connected with ROA %.

MTU Aero Engines AG's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-778.626/( (10054.171+11127.59)/ 2 )
=-778.626/10590.8805
=-7.35 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

MTU Aero Engines AG's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=2475.463/( (10054.171+11127.59)/ 2 )
=2475.463/10590.8805
=0.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

MTU Aero Engines AG Total Assets Related Terms

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MTU Aero Engines AG (MTU Aero Engines AG) Business Description

Address
Dachauer Strasse 665, Munich, BY, DEU, 80995
MTU Aero Engines specializes in the development and production of commercial and military aircraft engine components and spare parts. It also performs maintenance, repair, and overhaul services for aircraft engines. More than 30% of commercial aircraft have MTU technology on board. MTU is also a major assembler of aircraft engines. The commercial and military engine segment develops and manufactures engine components for new engine production and spare parts for the aftermarket. The commercial maintenance business reports MTU's MRO services.

MTU Aero Engines AG (MTU Aero Engines AG) Headlines

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